The African Development Bank (AfDB) has approved funding of US $500 million to help fund improvements and expansion of the power grids in both Rwanda and South Africa.
South Africa Tender and Business News
According to a new report from PwC, South African mining companies had a tough economic ride last year, despite the global mining industry in general having improved well over the past year. Unfortunately the mix of precious metals in South Africa's mining "market basket" was a major drag on the industry's performance for the year.
According to a new report by the World Bank in the October 2018 issue of Africa's pulse, sub-Saharan African economies are still struggling after the significant slowdown they suffered in 2015-16.
Africa earned $36.25 billion in revenue from 62.9 million international visitors in 2016. That's dramatically up from only 17.4 million almost three decades ago, in 1990.
South Africa based Rand Merchant Bank's (RMB) latest rankings of the top places to invest in Africa focused on economic activity and the environment to operate. Surprisingly, despite an increasingly repressive government regime, Egypt has still retained the top spot on the continent.
According to South Africa based HTI Consulting, a new Private Investment Law just approved by the National Assembly in Angola should pave the way to increased investment in tourism and the hospitality sectors -- and diversification from a country too dependent on its oil industry.
PricewaterhouseCoopers's (PwC)'s Pietro Calicchio, Leader of the Hospitality and Gambling Industry practice for PwC in South Africa, named the gaming industry as an important contributor to improving economic growth across Africa.
South African petrochemicals firm Sasol has been targeted by its workers union over an allegedly racist scheme for company ownership.
For the first time in over 9 years, South Africa’s trade and industrial activities have gone down for two quarters in a row. This makes it officially in recession.
The African continent’s emphasis on new hydroelectric power could put it in serious trouble as climate change drives temperatures up and dries out waterways.
Greenpeace came out strong in protest for the new draft Integrated Resource Plan for Electricity in South Africa. It's too expensive and an important part of the plan relies on dirty coal for the country's energy future.
In an unusual collaboration of technology and the fashion industry, Siemens of Germany used data from the cities of Lagos, Nairbi, and Johannesburg to weave unique fabrics which tell a story about each industry.
On August 30, South Africa's Deputy Minister of Communications, Ms. Pinky Kekana, will launch a new digital skills program in Limpopo, in partnership with Google.
Amnesty International's new Secretary General is from South Africa. That he comes from there says more than ever how important it is that, as he puts it, "The human rights movement must be bigger, bolder and more inclusive if we are to tackle today's challenges."
Khora Africa Projects Co-Operative Limited, a Tshwane, South Africa-based food and beverage compay which produces fruit jam, chutney, chili sauce and atchaar, is getting support from the South African government to help establish a new market and potential distribution channels for exporting goods and services to Mozambique.
To support planning for building several new harbors in South Africa's Eastern Cape region, the Portfolio Committee on Public Works recently visited the sites where plans are being made to build new facilities in Grosvenor and Port St. Johns. There it heard presentations on the proposed harbors.
China-based Jiangsu Seraphim Solar System Co. Ltd., a a solar product manufacturer, made a major bet on the growth of renewable energy in Africa with the opening of its new its new PV module manufacturing facility in South Africa.
In a dangerous trend spreading everywhere, the lack of affordable healthy fruits and vegetables is causing obesity to skyrocket in South Africa.
South Africa's Select Committee on Economic Development has adopted the National Minimum Wage Bill.
Togo-based Ecobank, an independent pan-African banking group, has selected the finalists for its 2nd annual Ecobank Fintech Challenge, a competition for Africa-focused technology startups.
The Mail & Guardian just named Bridgett Majola and Jtumeleng Mikhovha, two lawyers at global law firm Baker McKenzie's Johannesburg, South Africa, office as among the Top 200 outstanding young South Africans in recent years. On the occasion of South Africa's Women's day, they talk about their careers, what it means to break from poverty and their role as women working in the law in Africa.
The South African Farmers Development Association has issued a statement of support for an increase in the Dollar Based Reference Price (DBRP) from $566 to $680, but with some concerns.
An unusual and strong South African law known as the Competition Amendment Bill would force tough rules on companies attempting to dominate their industries at the cost of other firms. A detailed analysis by Baker Mackenzie Johannesburg analyzes the implications if it passes.
A special event entitled, "Netrepreneurs: The Rise of Africa's Digital Lions" will be held on August 8 in Pretoria, South Africa. Its focus will be on eCommerce in Africa, along with the payments, logistics, tourism and big data partners for it, all of which is beginning to lift national economies.
South Africa based Tessara, a manufacturer of preservation technologies for the marketing and export of fresh produce, was just acquired by Washington, D.C. based Global alternative asset manager the Carlyle Group.